RIAs

It’s one of the largest teams to quit a wirehouse this year.

After a volatile year, advisors get a reprieve when it comes to payout changes.

Regulatory shifts, M&A, new technology — there’s a lot on the horizon for the industry.

The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.

The firm has added 42 advisors this year with a combined $3.8 billion in AUM.

Alterations include higher hurdles for cash pay, a grid stretch for deferred compensation and new bonuses.

The firm’s new business highlights the beginnings of a shift in the custody marketplace due to a series of consolidations.

Funding is getting tighter as advisors look towards marketing automation as an engine for growth.

Brian Truscott oversaw more than $330 million in client assets.

The firm also added a new unit to accommodate its dramatic advisor growth — from one to 140 in seven years.